Saudi Arabia lowered the price of its main oil grade to Asia for December, days after OPEC+ said it planned to pause supply ...
Oil prices were largely flat early on Thursday, after settling at two-week lows in the previous session as pressure from weaker demand and a global oil glut continued to weigh on the market.
0118 GMT — Oil futures consolidate in the morning Asian session, but may be dragged by demand concerns. EIA data released overnight showed U.S. commercial crude oil stocks excluding the Strategic ...
Gasoline and distillate inventories fell, signaling tighter supplies heading into winter. EIA reported a 4.7 million-bbl drop in U.S. gasoline stocks, leaving them 5% below the five-year average.
A spike in freight rates for tankers hauling oil has prompted a wave of vessels to join the lucrative trade, with dozens of ...
Despite sitting atop the world’s largest oil reserves, it’s a sad truth that Venezuela doesn’t matter for the energy markets.
Oil fell in the morning Asian session amid oversupply prospects.
Crude oil futures fell after recording gains in the previous four sessions, with the US dollar strengthening and risk assets turning broadly lower.
Oil prices settled lower on Tuesday as weaker manufacturing numbers and a stronger dollar weighed on demand, while the OPEC+ ...
Oil futures retreated as the market digested the OPEC+ decision to raise output in December and pause increases in the first quarter of next year.
On this Tuesday a year ago, as US voters were handing Donald Trump the keys to the White House for a second time, M&A bankers were looking forward to the boom times; few more so than those covering ...
The American Petroleum Institute is scheduled to release its weekly stock data later on Tuesday. This content was created by Oil Price Information Service, which is operated by Dow Jones & Co. OPIS is ...
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